Miami / Florida / United States
GreenBox Capital was established to improve the newly existing small business loan and cash advance industry. Our focus was to give small and medium sized business owners piece of mind and the customer satisfaction that was lacking with other companies. Our directors have over 30 years of combined experience working with small business through merchant services and other various services. They have a great understanding for what it takes to be successful as a small business -- their need for short and long term working capital. GOAL: to transform the smaller local economies throughout the USA to be stronger and more innovative like big business is. One of the main reasons small businesses fail is that they do not have the working capital they need to properly run their business through the ups & downs or expansions. It is our goal to continue to touch as many local business as possible. At GreenBox, you can get the capital you need to run your business without jumping through hurdles or putting up any collateral like traditional lending institutions require. ACCESS TO CAPITAL HAS NEVER BEEN SO EASY. Merchant Cash Advance vs Small Business Loan WHICH IS BETTER FOR ME? A term loan is best for a business who wants to make the same payment each and every day regardless of sales or fluctuating cash-flow. There is an expected term and you can know what your payment will be each day so you can plan for it. A cash advance also called a purchase of your receivables is best for a business that wants repayment to be based on sales where the repayment fluctuates every day. This means that your payback is determined by a fixed percentage of your sales each day until the balance is satisfied.
